Man With Rs 13000 Salary Swindles Rs 21 Crore, Buys BMWs, 4BHK Flat for Girlfriend

Harshal Kumar Kshirsagar, a contractual employee at a sports complex in Maharashtra, allegedly embezzles crores and lives a lavish lifestyle, leaving police on a manhunt for his arrest.

December 26, 2024: A 23-year-old computer operator with a state-run sports complex in Chhatrapati Sambhajinagar, Maharashtra, has allegedly swindled a staggering Rs 21 crore despite earning a monthly salary of just Rs 13,000. Harshal Kumar Kshirsagar, who worked as a contractual staff member, is now on the run after his elaborate scheme was uncovered by authorities.

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Kshirsagar’s plan involved using his position to manipulate the bank accounts of the divisional sports complex. In a calculated move, he forged an email to the bank using an old letterhead of the complex, requesting a change in the email address linked to the sports complex’s bank account. He opened a similar email account—only one alphabet was altered—granting him access to OTPs and other necessary transaction details.

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Once he had control of the account, Kshirsagar activated internet banking and began siphoning off funds. Between July 1 and December 7, he allegedly transferred over Rs 21 crore into 13 different bank accounts. The stolen money was spent on luxury cars, a plush 4 BHK flat, and other extravagant purchases.

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Reports suggest that Kshirsagar used part of the money to buy a BMW car worth Rs 1.2 crore, an SUV for Rs 1.3 crore, and a BMW motorcycle valued at Rs 32 lakh. He also reportedly gifted his girlfriend a luxury apartment near the Chhatrapati Sambhajinagar airport, along with diamond-studded glasses.

Police have arrested Kshirsagar’s colleagues, Yashoda Shetty and her husband BK Jeevan, for allegedly aiding him in the crime. Authorities are now investigating further and suspect that more individuals may be involved in this massive fraud. Luxury vehicles have been seized, and the police are collecting documents related to the bank accounts used for the illegal transactions.

The scam was discovered when a sports department official noticed discrepancies in the financial records and alerted the authorities.

Senior police officer Prashant Kadam confirmed that an FIR has been filed, naming three individuals, with two arrested and one still on the run. “Our teams are actively looking for the main accused. The investigation has revealed a lavish spending spree, including luxury cars, a high-end apartment, and even gold ornaments,” said Kadam. The hunt for Kshirsagar continues as police intensify their search.

Tags:
Fraud, Maharashtra, Embezzlement, Police Investigation, Luxury Lifestyle, Financial Crime, Chhatrapati Sambhajinagar, Criminal Investigation, Contractual Employee Scam, 4BHK Flat, BMW Car, Bank Fraud, Police Arrest